Enjoy long, sweeping views down the 2nd hole from this spectacular
half-acre property, ideally situated on a quiet cul-de-sac.
Designed to capture the beautiful golf course setting, the home
features soaring ceilings and abundant natural light throughout.
Three spacious bedrooms, with renovated bathrooms are complemented
by a generous media room/office, offering flexible space for work
or relaxation. The eat-in kitchen overlooks the pool and golf
course, creating a wonderful backdrop for everyday living and
entertaining. Impact windows provide added comfort and peace of
mind. Bocaire is a prestigious and boutique mandatory membership
Club with just 239 homes, offers a high end lifestyle. Boasting a
new club house, championship golf course, tennis, pickle ball,
24 hr fitness, spectacular dining, cards & social events,
Bocaire is active and inclusive! Parents, children and
grandchildren have access to the facilities!! Bocaire is one of the
eastern most clubs, near beaches, shopping, entertainment, and
halfway between Boca's downtown Mizner and Delray's Atlantic Ave. A
rated Public schools - (Calusa, Omni and Spanish River) plus many
private schools nearby to choose from.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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